Diversified By Hedge Funds. Augmented by Venture Capital.
An investment partnership seeking fresh diversification and outstanding risk-adjusted returns.
An investment partnership seeking fresh diversification and outstanding risk-adjusted returns.
VenHedge is an alternative asset management firm founded in 2018. Our distinctive hybrid approach combines hedge funds with venture capital and spans multiple dissimilar managers and strategies. We invest alongside individual, family, and institutional investors with a shared long-term mission.
The distinctive VenHedge approach is shaped by four core tenets. We believe that cultivating a partnership with these shared principles is fundamental to the sustainability of our mission.
Harry Markowitz famously called diversification the singular “free lunch” in economics: for a given level of return, diversification reduces risk. VenHedge seeks diversification by investing across multiple dissimilar fund managers and strategies.
We make decisions day-by-day that serve a mission that is lifelong. While our process is daily, we measure success over the course of multiple years, market cycles, and decades.
We allocate capital dynamically based on critical assessments of ever-changing market conditions. We seek out intelligent risks, strive to anticipate paradigm shifts, and continually search for improvements in our pursuit of exceptional performance.
As stewards of our partners’ capital, we build strong long-term relationships, invest in each other’s success, and foster a culture that holds the collective interests of the partnership in highest regard.
February 2018
Co-founded by two brothers who share a passion for investing.
|
July 2019
Launched first hedge fund focusing on innovation and the digital transformation.
|
November 2019
Developed long-short strategies to partially hedge risks and unlock new return sources.
|
February 2020
Added a venture-capital strategy that includes investments in SpaceX, Addepar, Carbon3D, and others.
|
January 2021
Began allocating to external fund managers to increase diversification and tap a wider opportunity set.
|
August 2021
Launched a second fund focusing on liquid hedge funds and so-called "absolute return" strategies.
|
December 2023
Adopted the name VenHedge after our hybrid model that combines venture capital and hedge funds.
Brett Lyons is co-founder and Managing Partner at VenHedge. Previously, Brett was a Senior Auditor at Ernst & Young, where he focused on hedge funds, venture capital, private equity, real estate, insurance, and digital assets. Brett holds an MS in Accounting from Saint Mary's College of California (2015) and a BS in Agribusiness from Cal Poly, San Luis Obispo (2014).
Grant Lyons is co-founder and Managing Partner at the firm. Previously, Grant was a Client Associate at Charles Schwab in San Francisco and held licenses for the Series 7 and Series 65. Grant holds a BS in Business with a concentration in Finance from Northeastern University (2018).
When the late David Swensen was appointed CIO of the Yale endowment in 1985, the vast majority of its roughly $1bn portfolio consisted of stocks and bonds. Over the next decade, Swensen and Yale would pioneer a groundbreaking new model of diversification by reallocating capital to so-called alternative investments such as private equity, venture capital, and hedge funds. At the heart of this Yale model is “absolute return” (i.e. hedge funds), which today represent about 20% of Yale’s $40bn+ endowment fund. At VenHedge, we draw inspiration from the Yale approach by focusing specifically on hedge funds in our pursuit of fresh diversification and outstanding risk-adjusted returns.
The institutional model of investing pioneered by Yale also includes a considerable allocation to high upside-seeking venture capital investments. At VenHedge, we augment our core hedge fund strategies with a venture-capital overlay that allocates to early-stage opportunities at the cutting edge of innovation and technology.
We believe the key to fully harnessing the power of diversification is to multiple external fund managers, each of whom are highly specialized. alongside various direct investment strategies managed internally. This approach ensures that we are not overly concentrated in any single risk factor and provides us with access to a wide range of return streams and opportunities.
Copyright © 2024 | All Rights Reserved
VenHedge Asset Management, LLC | info@venhedge.com
Nothing on the website is directed at or should be relied upon by any investors. VenHedge Asset Management, LLC does not intend to solicit or make its investment advisory services available to the general public. Under no circumstances should any information provided on this Website be considered as an offer soliciting the purchase or sale of any security or interest in any pooled investment vehicle nor should it be construed as an offer to provide investment advisory services. Such offers or solicitations will be made separately and only by means of the confidential partnership documents which should be read in their entirety, and only to those who, among other requirements, meet certain qualifications under the securities laws of various jurisdictions, including but not limited to the United States.